You searched for Paystack - Tech In Africa

in News

Paystack Launches Holding Company After Hitting Profitability, Payment Volumes Surge 12x Since Stripe Acquisition

African fintech Paystack has reached a pivotal moment in its growth trajectory, announcing profitability alongside the creation of a new holding company structure as payment volumes have multiplied twelvefold since its 2020 acquisition by Stripe. The Stack Group (TSG), established as the parent entity for Paystack and its expanding portfolio of financial technology brands, represents […]

0 Points

Upvote Downvote

in News

Paystack Enters Nigeria’s Banking Sector Through Microfinance Bank Acquisition

Paystack has made its entry into Nigeria’s banking industry through the acquisition of Ladder Microfinance Bank, representing a significant strategic expansion from payment processing into deposit-taking and lending operations. The rebranded Paystack Microfinance Bank (Paystack MFB) will function as a separate entity running parallel to Paystack’s existing payments infrastructure, positioning the fintech to provide loans, […]

0 Points

Upvote Downvote

in Business, Fintech

Paystack Expands Virtual Terminal Across Africa: Revolutionizing In-Person Payments

Paystack, a prominent Nigerian fintech company, has extended its Virtual Terminal service to four additional African countries: Côte d’Ivoire, Ghana, Kenya, and South Africa. This expansion marks a significant step in streamlining in-person payment processes across the continent. The Virtual Terminal allows merchants to generate unique QR codes for their employees, including cashiers, delivery riders, […]

0 Points

Upvote Downvote

in Advertise/Partnership, Fintech, Innovation, Investments

Paystack-led Group Acquires Nigerian Digital Bank Brass

Paystack, a prominent Nigerian fintech company, led an investment group to acquire Brass, a digital bank serving small businesses in Nigeria. The acquisition was completed with the participation of notable investors such as PiggyVest, Ventures Platform, P1 Ventures, and angel investors Olumide Soyombo and Oo Nwoye. The acquisition marks a significant transition for Brass, as […]

0 Points

Upvote Downvote

in Business, News, Startups

Former Paystack Executives Launch GoLemon, an African Grocery Delivery Startup

Four former senior managers at Paystack, the prominent African payment company, are embarking on a new venture together in the continent’s burgeoning grocery delivery space. Yinka Adewuyi, Gbadegbo Gbade-Oyelakin, Abdulrahman Jogbojogbo, and Abiola Showemimo, all early employees who spent at least six years at the Nigerian fintech unicorn, are launching GoLemon, a startup that delivers […]

0 Points

Upvote Downvote

in Fintech, News

Paystack Targets Nigeria’s Surging Offline Payments Market with New Virtual Terminal

Paystack, a leading Nigerian fintech, is expanding into offline payments with the launch of virtual terminals for in-person bank transfers. This allows merchants to accept direct bank payments from customers without physical point-of-sale (POS) devices. Paystack is seizing on the rapid adoption of bank transfers for in-store checkout, such as at supermarkets and restaurants. Virtual […]

0 Points

Upvote Downvote

in Business, Entrepreneurs, Innovation, Investments, Investors, News, Press Releases

Paystack is now available in Kenya, allowing businesses to receive payments

Paystack, a pan-African payments startup that Stripe bought for $200 million in October 2020, has been given a Payment Service Provider license by the Central Bank of Kenya (CBK) to start doing business in the East African country. With this license, Paystack can help Kenyan businesses accept one-time and automated recurring card payments and collect […]

0 Points

Upvote Downvote

in Business, Press Releases, Startups

WooCommerce adopts Paystack as its preferred Africa payments partner

WooCommerce allows users to make in-store payments through Paystack

WooCommerce, Africa’s biggest e-commerce solution, has announced an official partnership with Paystack. This new deal with see Paystack integrates more closely with WooCommerce to accept store payments.

0 Points

Upvote Downvote

in Press Releases, Startups

Paystack to be acquired by Stripe to boost online and offline commerce in Africa

Stripe is acquiring Paystack, the Lagos-based startup. As a condition for the partnership, Paystack will run independently with no service disruptions. Anyone using Paystack need not change any aspect of their social integrations. Paystack is a technology company fueling the growth of businesses in Africa through the use of highly secured payment tools. Over 60,000 […]

0 Points

Upvote Downvote

in Events

Nigerian Paystack represents Africa on the KPMG Global #Fintech100 2019 List

Collectively the top 100 fintech companies raised over $US70 billion in venture capital funding

The global #Fintech100 2019 report was compiled by H2 Ventures and KPMG. The list is a compilation of the best fintech innovators internationally. The companies and startups picked were selected from the global pool, based on research and data analysis conducted that looked into five factors; annual capital raised, sectorial diversity, geographic diversity, annual capital raised (average), […]

0 Points

Upvote Downvote

in Press Releases

Paystack and Truecaller Partnership allows More Businesses in Africa to Accept Online Payments

Paystack has collaborated with Truecaller to allow more African merchants to accept online payments. The payments will be made easily and securely. These will be possible by making use of SDK a mobile identity product of Truecaller. The deal will also offer a powerful resource. The resources will be used by startups and businesses across […]

0 Points

Upvote Downvote

in Startups

Truecaller-Paystack Partnership Transforms Online Payment Platforms in Africa

Paystack form part of Nigeria’s chief payment platform. The startup helps in processing over 20% online business transactions in Nigeria. The company now enables merchants across Africa to make online transactions globally. Prior, the company required all its subscribers to formally register. The registration process was done by credited authorities. The policy imposed negative impact […]

0 Points

Upvote Downvote

Log In

Sign In

Forgot password?

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections